• Wednesday, 13 January 2021

    What the markets are doing on 13 January 2021

    The liquidity boom propping up economies could hurt asset prices: With global liquidity set to reach double global GDP at USD 175 tn by the end of 2021 thanks to stimulus from governments and central banks worldwide, much of it...
  • Tuesday, 12 January 2021

    Privatization program coming back to life?

    EXCLUSIVE- The state privatization program appears to be on track to shake off its cobwebs as the government committee in charge of it is set to meet later this month, Public Enterprises Minister Hisham Tawfik told Enterprise. The committee could...
  • Tuesday, 5 January 2021

    Aman Holding wants to IPO

    Raya subsidiary Aman Holding is eyeing an IPO in the coming two years, by which time it hopes to have captured more market share, Al Mal reports, citing unnamed sources. The news comes after the National Bank of Egypt’s acquisition...
  • Sunday, 3 January 2021

    EGX to help brokerages offer short selling

    The EGX could move to slash the cost of the electronic system needed to short sell on the bourse if brokerages request a lower price tag, EGX Chairman Mohamed Farid said at a virtual presser on Thursday, according to Al...
  • Wednesday, 30 December 2020

    The FRA just joined the fight for gender equality

    SMART POLICY- Gender parity is getting a push from the Financial Regulatory Authority, which will slash development and service fees by as much as half for companies and non-banking financial institutions with women comprising at least 25% of their total...
  • Sunday, 20 December 2020

    Privatize all the things

    The state privatization program could be making a comeback in the coming months after Public Enterprises Minister Hisham Tawfik told Bloomberg over the weekend that the government has earmarked five companies to be offered to investors. Improving market conditions and...
  • Thursday, 10 December 2020

    Ghazl El Mahalla could become the first sports club to hit the EGX in 1Q2021

    Ghazl El Mahalla could sell shares in an initial public offering on the EGX as soon as 1Q2021, Public Enterprises Minister Hisham Tawfik said, according to Al Mal. A joint-stock company the ministry set up earlier this year to incorporate...
  • Monday, 7 December 2020

    NBFS player Ebtikar plans 1Q2021 IPO

    Ebtikar plans to list a 25-30% stake when it makes its EGX debut in 1Q2021, the local press reports, citing people familiar with the matter. The final size of the offering will be announced after the company wraps up a...
  • Thursday, 3 December 2020

    Speed Medical to be the first jump from Nilex to the EGX

    Speed Medical (SPMD) will start trading its shares on the EGX from next Sunday after completing its upgrade from the Nilex via a capital increase, the local press reports. The exchange’s registration committee approved the listing following the company’s EGP...

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